Top insider trades (Thu, May 21)

Today’s Largest Unscheduled Trades

There were 292 new insider trades filed.

No insider trades were added to the High Signal List, but our system gave 3 insider purchases high scores (I shared our system’s notes on those in the High Scoring Purchases - Quick Notes). I also shared my notes on why I passed on TKO Holdings (TKO) and MSCI (MSCI) in the Trade Notes section (both very high-quality businesses, but not super cheap, and don’t appear to have large upside).

We also found 4 insider purchases from insiders who average 30%+ 1y returns.

CEO Watcher Premium subs can see those notes in later sections of this email.

Today’s largest unscheduled trades:

• Director (Casdin Capital, LLC) at GeneDx Holdings Corp. $WGS purchased $21.46M (largest purchase ever, out of 11). This increased their listed holdings by 14%. Dip Buy: the stock was down -35% in the previous month. Reversal: they made 1 straight sales before this purchase. Their last purchase was 713 days ago. 1 other insider also purchased the stock in the last 30 days.

• Director (GARDEN EDWARD P) at Fortune Brands Innovations, Inc. $FBIN purchased $13.66M (21st largest purchase, out of 40). This increased their listed holdings by 12%. Dip Buy: the stock was down -35% in the previous 3 months.

• 10% Owner (DART KENNETH BRYAN) at Flutter Entertainment plc $FLUT purchased $4.84M. Dip Buy: the stock was down -60% in the previous year. 7 other insiders also purchased the stock in the last 30 days. Is part of a dividend reinvestment.

• Chief Executive Officer at U Power Ltd $UCAR purchased $3.00M. This increased their listed holdings by 4,832%. Dip Buy: the stock was down -91% in the previous 3 months.

• Director (SIMPSON BOB R) at TXO Partners, L.P. $TXO purchased $1.97M (8th largest purchase, out of 16). 1 other insider also purchased the stock in the last 30 days.

• Chief Executive Officer at KORU Medical Systems, Inc. $KRMD purchased $1.42M (largest purchase ever, out of 3). Their last purchase was 1000 days ago. 3 other insiders also purchased the stock in the last 30 days.

• Chief Operating Officer at MP Materials Corp. / DE $MP purchased $962.54K (largest purchase ever, out of 7). Rip Buy: the stock was up 173% in the previous year. Reversal: they made 1 straight sales before this purchase. Their last purchase was 650 days ago.

• Chairman & CEO at Amrize Ltd $AMRZ purchased $938.45K (6th largest purchase, out of 6). 1 other insider also purchased the stock in the last 30 days.

• CEO & Chairman at Haoxi Health Technology Ltd $HAO purchased $720.00K. This increased their listed holdings by 5,790%. Dip Buy: the stock was down -98% in the previous month.

• Chief Executive Officer at Better Home & Finance Holding Co $BETR purchased $389.99K (2nd largest purchase, out of 10). This increased their listed holdings by 17%. Dip Buy: the stock was down -48% in the previous month. 2 other insiders also purchased the stock in the last 30 days.

• Chairman & CEO at UTG INC $UTGN purchased $266.56K (3rd largest purchase, out of 5). Their last purchase was 377 days ago. 1 other insider also purchased the stock in the last 30 days.

• Chief Executive Officer at SIMILARWEB LTD. $SMWB purchased $199.59K (first-ever purchase). Dip Buy: the stock was down -50% in the previous year. 1 other insider also purchased the stock in the last 30 days.

• Executive Chairman at enCore Energy Corp. $EU purchased $146.00K (2nd largest purchase, out of 5). Dip Buy: the stock was down -34% in the previous month. Reversal: they made 6 straight sales before this purchase. Their last purchase was 408 days ago.

• Director (Viessmann Maximilian) at CARRIER GLOBAL Corp $CARR sold $750.00M (largest sale ever, out of 2). This decreased their listed holdings by -24%.

• Director (AE RED HOLDINGS, LLC) at Redwire Corp $RDW sold $209.58M (2nd largest sale, out of 44). This decreased their listed holdings by -99%. Rip Sell: the stock was up 36% in the previous month. This insider has sold the stock 4 times in the last 30 days. Appears to be regularly scheduled monthly transaction.

• CEO at MONOLITHIC POWER SYSTEMS INC $MPWR sold $59.31M (largest sale ever, out of 161). Rip Sell: the stock was up 29% in the previous 3 months. 6 other insiders also sold the stock in the last 30 days.

• SVP & GM Electronics Business at LITTELFUSE INC /DE $LFUS sold $2.64M (2nd largest sale, out of 32). This decreased their listed holdings by -45%. Rip Sell: the stock was up 83% in the previous 6 months. 2 other insiders also sold the stock in the last 30 days.

• Co-Chairman at SCHWAB CHARLES CORP $SCHW sold $2.54M (242nd largest sale, out of 303). 3 other insiders also sold the stock in the last 30 days. Appears to be regularly scheduled yearly transaction.

• Chief Administrative Officer at WisdomTree, Inc. $WT sold $1.93M (2nd largest sale, out of 15). This decreased their listed holdings by -10%. Rip Sell: the stock was up 75% in the previous 6 months. Their last sale was 548 days ago. 1 other insider also sold the stock in the last 30 days.

• SVP at VALERO ENERGY CORP/TX $VLO sold $1.89M (2nd largest sale, out of 2). This decreased their listed holdings by -17%. Rip Sell: the stock was up 16% in the previous month.

• See Remarks at Hyatt Hotels Corp $H sold $1.49M (largest sale ever, out of 22). This decreased their listed holdings by -31%. 10 other insiders also sold the stock in the last 30 days.

• Vice President/Secretary at INTERFACE INC $TILE sold $1.29M (largest sale ever, out of 2). This decreased their listed holdings by -20%. Their last sale was 529 days ago.

• Executive Vice President at NUCOR CORP $NUE sold $562.50K (first-ever sale). This decreased their listed holdings by -10%. Rip Sell: the stock was up 23% in the previous 3 months. 7 other insiders also sold the stock in the last 30 days.

• Pres. Capital Access Platforms at NASDAQ, INC. $NDAQ sold $471.71K (4th largest sale, out of 37). 3 other insiders also sold the stock in the last 30 days.

• Sr.VP Operations at NATIONAL HEALTHCARE CORP $NHC sold $365.44K (largest sale ever, out of 2). Rip Sell: the stock was up 55% in the previous 6 months.

• Chief Human Resources Officer at Chefs' Warehouse, Inc. $CHEF sold $356.43K (2nd largest sale, out of 2). This decreased their listed holdings by -15%. 1 other insider also sold the stock in the last 30 days.

• and more…

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